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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

Business Insider Latest Story Image
1 min read

Sebi working on AI tool to curb misselling by mutual funds: Buch

Markets regulator Sebi is building an artificial intelligence tool to help detect misselling by mut…

PTI   


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8 mins read

ULIPs are not for senior citizens: Here’s how to choose the right investments to secure the golden years of your life

Investments for senior citizens should prioritize capital protection, regular income, liquidity, an…

Business Insider Latest Story Image
1 min read

Six red flags for investors to avoid becoming a victim of misselling by agents or financial advisors

Investment in financial products like mutual funds or some insurance schemes have become extremely …

Bhakti Makwana   


Business Insider Latest Story Image
1 min read

Indian insurance companies get a warning from the regulator

The insurance regulator issued a circular laying out guidelines for dos and don'ts for insurance co…

PTI   


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4 mins read

Misselling: Why You Need To Beware Of It

In simple terms Misselling means that you were given unsuitable advice, the risks were not explaine…

Business Insider Latest Story Image
2 mins read

RBS is paying $1.1 billion to settle 'toxic' mortgage mis-selling claims in the US

The Royal Bank of Scotland Group plc (RBS Group) has reached a final settlement with the National C…

Oscar Williams-Grut   


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2 mins read

REPORT: RBS investors will be pleased if it's only fined $10 billion for mortgage-backed security misselling

Deutsche Bank's stock price was sent into freefall last year over concerns about its settlement wit…

Oscar Williams-Grut   


Business Insider Latest Story Image
3 mins read

Barclays defies profit expectations despite forking out a £600 million bill for misselling PPI

"The growing momentum in attaining our strategic goals means we can feel optimistic of our prospect…

Lianna Brinded   


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3 mins read

PPI claims companies have creamed up to £5 billion off mis-selling payouts

Britain's financial regulator notes that more than 95% of all repayments on PPI have been made by j…

Oscar Williams-Grut   


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3 mins read

Banks have paid four times the cost of the London 2012 Olympics for PPI mis-selling

Barclays new CEO Jes Staley admitted as much in a memo sent to staff last month that was obtained b…

Oscar Williams-Grut   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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2 mins read

RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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1 min read

Sebi empanels 34 entities for conducting forensic investigation of mutual funds, AMCs, trustees

India's market regulator, Sebi, has empanelled 34 entities, including Ernst & Young LLP, Deloitte T…

PTI   


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8 mins read

ULIPs are not for senior citizens — Here’s how to pick the right investments to secure the golden years of your life

In the last few days, Twitter has been awash with tweets about senior citizens being mis-sold ULIPs…

Business Insider Latest Story Image
2 mins read

RBI Governor asks fintech players to form self regulatory organisation

Fintech players should form a self regulatory organisation for an orderly growth of the industry th…

PTI   


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3 mins read

SEBI asks AIFs to provide "direct plan" option to investors; introduces trail model for distribution commission

To bring transparency in expenses and curb mis-selling, markets regulator SEBI has asked alternativ…

PTI   


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2 mins read

Sebi mulls prohibiting differential rights to AIF investors

AIF is a privately pooled investment vehicle, which collects funds from investors, for investing…

PTI   


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2 mins read

Sebi proposes new framework for AIFs to strengthen corporate governance rules

These AIFs can borrow for the purpose of meeting shortfall in drawdown while making investment …

PTI   


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5 mins read

Women distributors rake in the moolah as investors across Bharat say Mutual Funds Sahi Hai

As the equity cult travels deeper into India, many women like Jigna have found their calling as adv…